In the event that stocks rally in reaction to the FOMC decision Wednesday, it’s possible that we’ll see new highs in the S&P 500 and possibly the Dow Jones Industrial Average as well.
Ahead of Wednesday’s opening bell the S&P is sitting just 4.91 points, or 0.29%, below its record high. The Dow Jones Industrial Average is 128.63 points, or 0.82%, away from its highest close. The NASDAQ Composite is at its highest since September 2000. The small-cap Russell 2000 finished yesterday at an all-time high.
Continue Reading Below
Here are the numbers to watch: DJIA Record closing high: 15658.36 on August 2, 2013 Record intraday high: 15658.43 on August 2, 2013
S&P 500 Record closing high: 1709.67 on August 2, 2013 Record intraday high: 1709.67 on August 2, 2013
Nasdaq Composite Record closing high: 5048.62 on March 10, 2000 Record intraday high: 5132.52 on March 10, 2000